Staying Informed
Brownell Insurance has gone electronic! For valuable and up-to-date
information about
Brownell Insurance and the Insurance Industry, sign up for our newsletter,
Brownie Points,
now available in an e-mail version. Look for it on our website too!
To stay informed, call or e-mail us your e-mail address today!
Call (603) 437-1992 or e-mail to
newsletter@BrownellInsurance.com
Auto Points
Comprehensive Coverage
Glass damage, other than collision, is covered by your
comprehensive coverage. This loss is subject to your comprehensive
deductible. If you have $100 comprehensive deductible then you will have to
pay the first $100 to replace the damaged glass. Few companies still offer a
full GLASS RIDER to cover glass losses 100%. MetLife does offer this rider
to their clients.
For a small extra premium on a MetLife auto policy, a GLASS RIDER can be
added, which will increase coverage on your windshield to the full cost of
replacement of the windshield. The average cost of this rider is about $10
per car per 6 months.
Call Sandra Z. for more information or to add this rider to your MetLife
auto policy.
Older Cars
Many clients wonder, when is the best time to reduce the coverages on an
older vehicle. If there is a bank loan on your vehicle, the bank generally
requires FULL coverage. You must maintain this coverage for the balance of
the loan.
After a loan is paid off, it is up to the individual to decide if such
coverages are still desired. If the automobile has high mileage or is not in
very good shape, it might be prudent to cancel the coverage. Some clients
also consider merely raising their deductibles to lower their premium, but
still keep enough collision coverage to help replace the auto, if major
damage should occur.
Our rule of thumb:
If the book value is $1800 or less, then you should consider cancelling your
Comprehensive and Collision coverage.
